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'Reduce home loan interests, lower GST on brokerages'
DH Web Desk
Last Updated IST
 A few awaited decisions by the finance minister can help the Indian real estate sector regaining the momentum, says Mr. Ashwin Jain, Elected President, Association of Property Professional (APP) - Delhi/NCR
A few awaited decisions by the finance minister can help the Indian real estate sector regaining the momentum, says Mr. Ashwin Jain, Elected President, Association of Property Professional (APP) - Delhi/NCR

Mr. Ashwin Jain, Elected President, Association of Property Professional (APP) -Delhi/NCR

Though the overall economy is moving on a steady pace; from agriculture to IT, all the core sectors are performing positively. We hope that the realty sector will also rediscover its sheen shortly. A few awaited decisions by the finance minister can help the Indian real estate sector regaining the momentum. Initiatives like reduced home loan interests, ease of funding for developers with a good track record, lower GST on brokerages, and a balanced approach to deal with compliances and penalties are necessary to revamp this sector.

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The author is the Elected President, Association of Property Professional (APP) -Delhi/NCR.

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(Published 04 July 2019, 19:52 IST)